Tag: banks
A desperate ruling class forced to wheel out Gordon Brown to...
WITH THE Tory government of Theresa May staggering from one crisis to another this week over the issue of Brexit, the desperation of the...
May Loses Support Of Both The Remainers And Leavers – Looks...
THAT BANKRUPT British capitalism and imperialism is unable to stand on its own two feet anymore is obvious. It faces the prospect of the...
Take action to stop the bosses closing factories and Tories...
WITH the crisis of capitalism deepening, the UK bosses and bankers are using the US trade war, the developing banking collapse and slump (on...
Three children killed in US-led bombing of Deir Ezzor
THREE children were killed in air strikes carried out by the US-led coalition on the small Syrian town of Al-Shaafah in the Deir...
‘We will proudly break sanctions’ – Iran defies the US
‘WE WILL proudly break the sanctions,’ Iranian leader President Hassan Rouhani said defiantly at a meeting of economic officials yesterday, describing the new wave...
‘There is revolutionary determination to smash capitalism’ –WRP General Secretary tells...
OVER 100 workers, trade unionists and youth attended the rally at the Indian YMCA in Fitzroy Square, central London on Sunday to mark...
King George’s Ilford cancer unit to close for lack of nurses...
THE CEDAR CENTRE, the chemotherapy unit at the King George Hospital in Ilford is to shut down on November 12th, because it cannot find...
ISRAEL OKs NEW HEBRON SETTLEMENT UNITS – while Israeli unions plan...
PALESTINIAN Arabic dailies on Friday highlighted the Israeli government’s approval of the construction of new settlement units in the heart of Hebron’s old city....
‘TIME TO GET RID OF CAPITALISM’ – News Line Anniversary Rally...
JOSHUA Ogunleye, the WRP General Secretary, told the over 100-strong News Line 49th Anniversary rally yesterday: ‘Workers and young people hate capitalism! ‘This is...
EU – ‘a rich man’s club’ – Aslef
TRAIN drivers’ union ASLEF’s general secretary, Mick Whelan, has written an article reasserting the union’s commitment to withdrawing from the European Union. It was written...
British capitalism crashing into bankruptcy – Unions must organise a...
THE UK’s largest car maker, Jaguar Land Rover (JLR), yesterday announced a massive pre-tax loss of £354 million for the six months to September...
Austerity and Universal Credit to continue!
TORY chancellor Philip Hammond made a climb down in his budget speech yesterday to Theresa May, but there was no climb down over continuing...
Defend the NHS by expropriating the drug companies and banks...
AUDIT Scotland, the public spending watchdog for Scotland, has issued a damning report on the NHS funding crisis, which it states is in a...
EU gives Italy three weeks to re-write its budget or face...
ITALY is now on a collision course with the EU. The European Commission has issued an ultimatum insisting that the country’s budget plan does...
Smash Universal Credit by smashing the Tories
ON WEDNESDAY this week, the Tory government whipped its MPs to vote down a motion from the Labour Party calling for the release of...
Davis Calls On The Cabinet To Revolt – Now Is The...
NOW that the ex-Brexit negotiator Davis has called for the Cabinet to rise up against the May government’s permanent Customs Union, and her plan...
The IMF sees the writing on the wall with second warning...
THE International Monetary Fund’s Financial Stability Report has given its second warning in 24 hours about a new financial catastrophe that it sees coming...
No recovery for capitalism from 2008 crash – forward to socialist...
A RECENT analysis by Sky News has shown that the ‘recovery’ of British capitalism since the world banking crash in 2008 is actually smaller...
BRING DOWN TORIES TO QUIT THE EU – DESELECT ALL LABOUR...
AFTER her ‘Dancing Queen’ performance at the Tory Party conference, which acted as an introduction to extreme grovelling to Labour’s right wing, praising...
IMF says banks stuck in ‘Doom Loop’ – Socialist revolution the...
TEN YEARS on from the banking crash that brought the world’s financial system to the very edge of going over the fiscal cliff, the...
May survives Party conference – but will need Labour’s help to...
THE sight of PM May ‘dancing’ onto the Tory Party conference podium’ no doubt celebrating that she had survived the Tory Party conference thus...
Millions of children face hunger under Tory austerity – TUC must...
A SHOCKING study carried out by the GMB union released yesterday showed that almost one in ten school staff bring in their own food...
Labour becoming the Party of ‘remain’! Break with the EU through...
TO THE ALARM and anger of all those Labour supporters who voted to break from the EU, Labour is swiftly and openly becoming...
Working class will refuse to pay for Carillion bankruptcy
THE BANKRUPTCY last January of Carillion, Britain’s largest construction company, is going to cost the working class more than £150 million on top of...
US ‘putting a knife to China’s neck’
ON MONDAY the Chinese government issued a document accusing US president Donald Trump’s administration of ‘trade bullyism practices’ that represent the ‘greatest source of...
Corbyn and McDonnell peddle reformist rubbish to avert revolution
Both Jeremy Corbyn and his deputy, shadow chancellor John McDonnell, unveiled their ‘radical’ new plans for saving British capitalism from the anger of the...
Break with the EU now! Forward to a Workers Government and...
WHEN TORY PM May went to the European Union to try and sell her Chequers plan she was met with a unanimous ‘NO’ from...
Form Councils Of Action To Stop Savage Council Cuts And Bring...
THE LEADERS of England’s councils have predicted the inevitability of ‘unpalatable cutbacks’ in vital council services next year as a result of the Tories...
Israel sacrifices Russian IL-20 and 15 lives to protect its...
THE ISRAELI regime has repaid Russia and President Putin for their attempts to reach some agreement over a withdrawal of Iranian forces from Syria,...
‘No strategy to deal with crisis’ – ruling class
‘WE HAVE no ability to turn the economy around. When the next recession comes it is going to be deeper and last longer than...
Rbs And Criminal Activity!
ROYAL Bank of Scotland (RBS) chief executive Ross McEwan has been accused by MPs on the Treasury Select Committee of withholding information about an...
Doctors and nurses warn cuts mean new winter crisis
DOCTORS and nurses slammed government cuts and warned of a new winter crisis in response to the latest NHS Digital performance figures released on...
On tenth anniversary of world banking collapse – Forward to Socialism!
ON THE eve of the tenth anniversary of collapse into bankruptcy of the US investment bank Lehman Brothers, which brought the world’s capitalist banking...
NHS Staffing Crisis As Wages Are Forced Down And Conditions Worsened
THE shortage of NHS staff in England is worsening official figures show. One in 11 posts is vacant, with the situation particularly bad...
Defend Russia And China By Completing World Socialist Revolution!
RUSSIA has begun its largest military manoeuvres in four decades in eastern Siberia, with thousands of troops from China and Mongolia also taking part. The...
Congress Must Sack O’Grady And Mobilise To Bring Down The Tories!
THE ‘leader’ of the Trade Union Congress, Frances O’Grady yesterday stabbed millions of workers in the back when she declared on The Andrew Marr...
Blair Wants To Split The Labour Party And Join With Remain...
THE DEPTH of the crisis of the UK ruling class can be gauged by the fact that they have been forced to bring the...
SAFTU DEMANDS ARREST JOOSTE! – after Steinhoff shares plunge by R134bn
THE SOUTH African Federation of Trade Unions (SAFTU) demands that Markus Jooste, the former Chief Executive Officer of Steinhoff, be arrested and charged with...
Bankrupt Italian Capitalism Is Set To Crash And Bring The Bankrupt...
ITALY’S economic crisis is reaching the point of explosion, an explosion that even bourgeois economists fear will bring down the eurozone and the entire...
Labour Must Expel The Splitters And Battle For A Corbyn-Led Government!
SHADOW chancellor John McDonnell has revealed he is ‘worried and saddened’ about the prospect of the Labour Party being split by the fake ‘Labour...
Tory austerity gives workers choice of ‘eat, heat or pay rent’...
‘EAT, heat or pay rent’ that is the stark choice facing millions of low paid and unemployed workers living in private rented accommodation in...
Workers must take action to force through the 2016 Referendum decision...
BREXIT Secretary Raab announced yesterday that ‘Today, I want to set out the steps we in government and you in business, the public sector...
Raab Outlines Brexit Crisis!
TORY Brexit secretary Dominic Raab yesterday set out what he called ‘practical and proportionate’ advice in case the UK leaves the EU with no...
AUSTERITY MUST END NOW! says Unite’s McCluskey as nurses’ leader quits
‘AUSTERITY must end now,’ Unite General Secretary Len McCluskey said yesterday, on the eve of the TUC Congress, following the announcement that the UK...
Greek austerity is set to continue! Only way out is through...
GREECE has completed a three-year eurozone emergency loan programme worth 61.9bn euros (£55bn; $70.8bn). This was part of the biggest bailout in global financial...